Common use of Unused Commitment Clause in Contracts

Unused Commitment. On any date of determination with respect to a Committed Lender, the excess, if any, of its Commitment over the aggregate outstanding Advances funded by such Committed Lender (after giving effect to any changes in such Commitment, any making or repayment of Advances and any purchases of Advances by such Committed Lender from its related Conduit Lender pursuant to Section 2.1(i) on such date). USBank: U.S. Bank National Association, in its individual capacity.

Appears in 3 contracts

Samples: Loan and Servicing Agreement (Prospect Capital Corp), Loan and Servicing Agreement (Prospect Capital Corp), Loan and Servicing Agreement (Prospect Capital Corp)

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Unused Commitment. On any date of determination with respect to a Committed Lender, the excess, if any, of its Commitment over the aggregate outstanding Advances funded by such Committed Lender (after giving effect to any changes in such Commitment, any making or repayment of Advances and any purchases of Advances by such Committed Lender from its related Conduit Lender pursuant to Section 2.1(i) on such date). USBank: U.S. Bank National Association, in its individual capacity.. U.S. Bank National Association

Appears in 1 contract

Samples: Loan and Servicing Agreement (Prospect Capital Corp)

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Unused Commitment. On any date of determination with respect to a Committed Lender, the excess, if any, of its Commitment over the aggregate outstanding Advances funded by such Committed Lender (after giving effect to any changes in such Commitment, any making or repayment of Advances and any purchases of Advances by such Committed Lender from its related Conduit Lender pursuant to Section 2.1(i) on such date). USBank: U.S. Bank National Association, in its individual capacity.

Appears in 1 contract

Samples: Loan and Servicing Agreement (Prospect Capital Corp)

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